Adjusted savings: energy depletion in Norway
Norway: Adjusted savings: energy depletion was 38.82 billion current US$ in 2021. ◆ Volatile
Adjusted savings: energy depletion in Norway, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Norway recorded 38.82 billion current US$ for adjusted savings: energy depletion in 2021.
Compared with earlier readings it is up 224.0% on the previous year and down 2.2% over ten years.
Over the whole period, adjusted savings: energy depletion in Norway peaked at 47.40 billion current US$ in 2008 and was at its lowest, 1.10 million current US$, in 1970.
Norway ranks 5th of 208 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: energy depletion in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.10 million current US$ | — |
| 1971 | 1.29 million current US$ | +17.3% |
| 1972 | 1.89 million current US$ | +47.2% |
| 1973 | 2.35 million current US$ | +23.9% |
| 1974 | 9.92 million current US$ | +322.7% |
| 1975 | 172.11 million current US$ | +1634.9% |
| 1976 | 350.14 million current US$ | +103.4% |
| 1977 | 384.31 million current US$ | +9.8% |
| 1978 | 640.74 million current US$ | +66.7% |
| 1979 | 1.79 billion current US$ | +179.2% |
| 1980 | 3.20 billion current US$ | +79.1% |
| 1981 | 2.28 billion current US$ | -28.9% |
| 1982 | 1.44 billion current US$ | -36.8% |
| 1983 | 2.30 billion current US$ | +59.7% |
| 1984 | 2.81 billion current US$ | +22.3% |
| 1985 | 2.92 billion current US$ | +3.8% |
| 1986 | 1.32 billion current US$ | -54.7% |
| 1987 | 2.37 billion current US$ | +79.3% |
| 1988 | 2.03 billion current US$ | -14.6% |
| 1989 | 4.62 billion current US$ | +128.0% |
| 1990 | 7.00 billion current US$ | +51.5% |
| 1991 | 4.10 billion current US$ | -41.4% |
| 1992 | 5.06 billion current US$ | +23.4% |
| 1993 | 5.33 billion current US$ | +5.3% |
| 1994 | 5.47 billion current US$ | +2.6% |
| 1995 | 6.64 billion current US$ | +21.3% |
| 1996 | 10.66 billion current US$ | +60.6% |
| 1997 | 8.65 billion current US$ | -18.9% |
| 1998 | 2.45 billion current US$ | -71.7% |
| 1999 | 7.26 billion current US$ | +196.6% |
| 2000 | 17.60 billion current US$ | +142.4% |
| 2001 | 14.00 billion current US$ | -20.5% |
| 2002 | 14.35 billion current US$ | +2.5% |
| 2003 | 16.20 billion current US$ | +12.9% |
| 2004 | 20.91 billion current US$ | +29.0% |
| 2005 | 26.83 billion current US$ | +28.3% |
| 2006 | 30.70 billion current US$ | +14.4% |
| 2007 | 31.01 billion current US$ | +1.0% |
| 2008 | 47.40 billion current US$ | +52.8% |
| 2009 | 25.86 billion current US$ | -45.4% |
| 2010 | 26.06 billion current US$ | +0.8% |
| 2011 | 39.68 billion current US$ | +52.3% |
| 2012 | 37.03 billion current US$ | -6.7% |
| 2013 | 32.90 billion current US$ | -11.2% |
| 2014 | 29.50 billion current US$ | -10.3% |
| 2015 | 15.17 billion current US$ | -48.6% |
| 2016 | 11.10 billion current US$ | -26.8% |
| 2017 | 16.59 billion current US$ | +49.4% |
| 2018 | 24.59 billion current US$ | +48.2% |
| 2019 | 19.12 billion current US$ | -22.2% |
| 2020 | 11.98 billion current US$ | -37.3% |
| 2021 | 38.82 billion current US$ | +224.0% |
Norway compared with similar countries
- Norway's 38.82 billion current US$ is above the median for high income countries, which is 30.66 million current US$, 1266.3× the median. (77 countries reporting)
- Norway's 38.82 billion current US$ is above the median for Europe & Central Asia, which is 118.26 million current US$, 328.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: energy depletion in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +1634.9% | 9.92 million current US$ | 172.11 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 335.29 million current US$ | 1.10 million current US$ | 1.79 billion current US$ | 10 |
| 1980s | 2.53 billion current US$ | 1.32 billion current US$ | 4.62 billion current US$ | 10 |
| 1990s | 6.26 billion current US$ | 2.45 billion current US$ | 10.66 billion current US$ | 10 |
| 2000s | 24.49 billion current US$ | 14.00 billion current US$ | 47.40 billion current US$ | 10 |
| 2010s | 25.17 billion current US$ | 11.10 billion current US$ | 39.68 billion current US$ | 10 |
| 2020s | 25.40 billion current US$ | 11.98 billion current US$ | 38.82 billion current US$ | 2 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: energy depletion in Norway?
- Adjusted savings: energy depletion in Norway was 38.82 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: energy depletion recorded in Norway?
- The highest recorded value was 47.40 billion current US$ in 2008.
- What is the lowest adjusted savings: energy depletion recorded in Norway?
- The lowest recorded value was 1.10 million current US$ in 1970.
- How does Norway rank for adjusted savings: energy depletion?
- Norway ranks 5th out of 208 countries with data for 2021.
- Is adjusted savings: energy depletion rising or falling in Norway?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: energy depletion (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.